Young Boozer
Young J. Boozer, III (born November 23, 1948), is the 39th State Treasurer of Alabama. He was elected to his first four-year term on November 2, 2010 and was unopposed and reelected for a second term on November 4, 2014. As State Treasurer, Boozer is responsible for the cash management duties of receiving, depositing and investing all state funds, bond management, unclaimed property, two college savings programs and management of the state’s collateral pool for public funds deposits. He also plays an essential role in managing the Alabama Trust Fund (ATF), Alabama’s $2.8 billion investment fund built from the proceeds of the sale of the state’s offshore oil and gas reserves.
Boozer also serves on various state-related boards including Alabama’s Teacher Retirement System and Employee Retirement System Boards, the State Board of Adjustment, the Alabama Housing Finance Authority, the Community Service Grants Executive Commission, the Industrial Access Road and Bridge Corporation Board and the 457 Advisory Board.
